Payroll Specialist and Financial Analysis Support

Job Posted: 18 March 2026

• Contract Term: Permanent
• Location: Isle of Wight
• Contract Type: Full time
• Salary: Subject to Experience
• Industries: Accounting Banking & Financial Engineering

Rheinmetall Electronics UK (REUK) Ltd operates internationally, designing and manufacturing advanced electronics products and systems for the communications, defence, security and government services market.

We are excited to announce that we are building upon the commercial success achieved to date, and have an opportunity to join our rapidly expanding team as a Payroll Specialist and Financial Analysis Support.

This role plays an integral part in the company, offering support with a variety of tasks to assist with the provision of a high quality, professional service and is responsible for the control of the monthly payroll processing and reporting. This role also takes responsibility for processing changes to payroll throughout the month and working closely with the HR department. The role also supports the financial analysis functions of the business.

Responsibilities

• Setting up of all new starters on the payroll system and for any eligible company benefits
• Ensuring any changes throughout the month are reflected in payroll
• Owning all necessary payroll tasks throughout the month and ensuring payroll deadlines are met
• Calculation of payments including maternity, paternity and sick pay
• Taking accountability for the accuracy of the payroll
• Running the monthly payroll using Sage 50 Payroll
• Ensuring the payments to the Company pension provider and HMRC are made on time
• Monthly reconciliation of the payroll figures
• Provision of all necessary and relevant reports to Finance
• Ensuring that all benefits are recorded and dealt with accordingly through the payroll
• Calculation of Class 1A NICs due for submission on the P11D(b)
• Managing the company PSA Agreement
• Managing submissions for PAYE and year-end ensuring these are carried out by the necessary deadlines
• Setting up and processing the necessary reports and entries for the participants in the Rheinmetall Share Scheme
• Generating all necessary P45 and P60 documents
• Offboarding leavers from payroll, including final salary payment calculations and providing documentation and leaver letters
• Keeping up to date with payroll legislation and HMRC requirements

Tasks

Payroll & Salaries

• Processing payroll, overtime & benefits in kind
• Making salary payments to employees
• Submitting necessary HMRC & pension reports & payments
• Providing the monthly payroll journal to accounts in a timely manner
• Reconciling the payroll control accounts
• Keeping the Salary forecast workbook updated
• Processing the Year-end payroll and submission to HMRC
• Maintaining the record of health & dental fees
• Preparation of salary review spreadsheet
• Preparation and distribution of salary review letters
• Generating and uploading the monthly share contribution file
• Support the Head of Finance with any payroll or salary related tasks

Financial Analysis

• Supporting Month End close
• Creating any necessary journals
• Supporting the Financial Analysis area of the business
• Ensuring the data in the Business Intelligence tool is kept up to date and is accurate
• Supporting the creation of Management Information packs

Full time 37.5 hrs per wk.

Salary dependant on experience / qualifications

We want REUK to be the employer you choose to build your career with. We have lots of opportunity to grow as our business continues to grow.

As a Disability Confident employer, we are committed to creating an inclusive and supportive workplace.

We also proudly support the Armed Forces community and encourage applications from Veterans, Reservists, Cadet Force Adult Volunteers, and military spouses and partners.

We are passionate about finding the right people to join us and we want you to be proud to work with us. Our vision is to become a recognised and respected solution provider while delivering high-technology, high reliability & high-quality products and systems.

As an REUK employee we offer you:

• 25 Days holiday plus Bank holidays (increasing with service)
• The opportunity to work flexibly and to work your contracted hours over the week so that you can enjoy an early finish on a Friday.
• 4-times Death-in-Service Benefit (after 3 months of service)
• BUPA Healthcare & Dental-Care Insurance (after successful completion of probationary period)
• Long Service Rewards
• Employer Pension contributions of 6.8%
• Salary sacrifice scheme for Cycle to Work
• Discounted Ferry Bookings
• Discounted Gym Membership
• Bi-Monthly on-site massages
• Excellent Training Opportunities
• Recommend a friend scheme
• Excellent canteen facilities with a state-of-the-art kitchen, pool table and tuck shop
• Staff social events throughout the year

Recognition for your work

Due to our pre-employment checks, we require applicants to have lived in the UK for at least 5 years.

To apply, please send your CV to [email protected]